Amazon invested more than USD 1.2 billion and engaged around 15,000 professionals in 2023 to defend the brand, its merchants, and customers against fraud and counterfeiting. Amazon stated that when a client purchases from the store, they believe that they will receive real goods and when companies choose to sell in the store, they trust […]
India’s digitization has pushed the e-commerce landscape to new heights, with a growing number of consumers relying on online platforms for their shopping needs. However, this rapid growth has also brought about various challenges and concerns related to the Monopoly of a few big marketplaces, small retailers’ interests, fair competition, logistics, and so on. Post-COVID, […]
Festivals and weddings are two wheels of the Indian economy that never let it fail and accelerate in times of downfall like a pandemic. According to the data shared by IBEF (Indian Brand Equity Foundation), retailers such as Amazon, Walmart and Flipkart saw a 55 per cent rise in online revenue from a year earlier […]
Ahead of India’s 77th Independence Day, Simpl, India’s checkout network, on Wednesday its vision to eliminate cash on delivery in ecommerce by 2028 in order to reduce merchant losses and fastrack the industry’s journey towards profitability. As part of this vision, Simpl has introduced an Artificial Intelligence-enabled checkout suite to eliminate cash on delivery for […]
Vi, a telecom service provider, has joined hands with Truecaller, a global communications platform, to make communication with consumers more trusted, safe, and reliable. Amid the rising number of customer service frauds, it is imperative to ensure that customer interactions are safe and secure through trusted and verified communication from customer-centric businesses. As a part […]
The Central Bureau of Investigation (CBI) has sought to broaden the scope of its ongoing investigation into the ICICI Bank-Videocon Group loan sanctioning case on Wednesday. It has proposed to investigate the roles of “unknown public servants” and other individuals while seeking additional custody of the bank’s former CEO Chanda Kochhar, her husband Deepak and […]
